Address
8706 Franklin Avenue Fort McMurray, AB
Price
$ 10,900,000
Property Attributes
  • MLS#A1157716
  • TypeCommercial
  • CountyWOOD BUFFALO
  • CityFort McMurray
  • AreaWood Buffalo
  • NeighborhoodDowntown
  • ZipT9H 2J6
  • StyleRetail
  • Price$ 10,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.31001 Acres
Listing Provided Courtesy Of:
COLDWELL BANKER FORT MCMURRAY
Data Source:
Fort McMurray Real Estate Board (FMREB)
Property Description

9.5% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighbouring businesses like Walmart, The Brick, Staples, Canadian Tire, Sobeys and much more. Right next door is the River Pointe Shopping Centre. This Strip mall shopping Centre development is 38,700sqqft sitting on 2.31 Acres which is currently occupied by multiple tenants and is being used for various commercial retail, professional office (Dentist, Account, Lawyer), food service and other related uses. It consists of 2 buildings the first of which is a 33,600 concrete block structure with main level & upper level & basement level spaces which was built in stages starting in 1970, 1974 & 1997 to which you have today more details can be provided on this. The second free-standing building was built in 1998 and then added too in 2006 for a total of 5,100sqft. The building has been well maintained with many improvements. The Parking lot is paved asphalt and has excellent parking + you have large Pylon sign. The property has access front, rear and side entry access for easy traffic flow. Property has been well occupied and continues to be well occupied due to its exceptional location amongst the major business hub in downtown Fort McMurray; which drives customers and traffic to this location.

Price History
10/29/2021 Listed $10,900,000

General Features

Accessto Property Accessible to Major Traffic Route, Front and Rear Drive access, Major Shopping Nearby, Paved Road, Public Transportation Nearby, See Remarks, Strip Shopping Mall, Two-Way Access
Building Name PLAZA ONE SHOPPING MALL
Construction Materials Brick, Concrete, Metal Frame, Mixed, See Remarks, Wood Frame
Cooling Central Air
District FM SouthEast
Heating Forced Air, Natural Gas, See Remarks
Property SubType Retail
Property Type Commercial
Public Remarks 9.5% Cap Rate- Plaza One Shopping Mall; located in the heart of downtown Fort McMurray in the major business hub which Includes neighbouring businesses like Walmart, The Brick, Staples, Canadian Tire
Roof Flat Torch Membrane, Membrane, Tar/Gravel
Structure Type Low Rise (2-4 stories)
Subdivision Name Downtown
Transaction Type For Sale
Zoning FRA1

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 3595.32
Building Area Total Sf 38700.00
Main Level Areas SquareFeet
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00

Exterior Features

Building Area Total 38700.00
Foundation Combination, Poured Concrete, Slab
Frontage Length 0.00M 0`0
Inclusions N/A
Lot Description Near Public Transit, Paved, See Remarks
Lot Size Acres 2.31

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T9H 2J6

Price
AVG $5.54M
$10.9M
Visits
AVG 8
9
Year Built
AVG 1975
1975
Walkscore
AVG 72
72
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.